492 West 23rd Street

San Bernardino, CA 92405

$888,000
Price
1
Beds
6
Baths
3,472 Sq. Ft.
$256 / Sq. Ft.
3,472
Sq. Ft.
$256
per Sq. Ft.

Description

Great location, nice residential neighborhood. Walking distance to eliot elementary school. This apartment building is easy to manage and easy to rent with good rental income! Total of 6 units, all 1 bedroom/1 bathroom. There are 3 units on ground floor and 3 units on 2nd floor. There is a large parking lot in the back of the lot with covered carport spaces. Front yard area and parking area has brand new installed fence and sliding gate. Many tenants have been long-term tenants paying below market...Great location, nice residential neighborhood. Walking distance to eliot elementary school. This apartment building is easy to manage and easy to rent with good rental income! Total of 6 units, all 1 bedroom/1 bathroom. There are 3 units on ground floor and 3 units on 2nd floor. There is a large parking lot in the back of the lot with covered carport spaces. Front yard area and parking area has brand new installed fence and sliding gate. Many tenants have been long-term tenants paying below market rent, hence, great upside potential in rental income for investor.
  1. Listed by Arthur Tsai • DRE #01493604 • Prime Realty • artmtsai@yahoo.com

Property Details for 492 West 23rd Street

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3472
Assessor Parcel Number
0149-211-24-0000
Property Attached YN
false
LISTING UPDATED: 11/01/2024 03:59 AM

Property Details for 492 West 23rd Street

StatusActive
MLS #TR24203338
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
CountySan Bernardino County

Building Information for 492 West 23rd Street

Building/Complex492 W 23rd StFloor-Stories2Residences-Pet Policy-Year Built1978Building Size-

Property Information for 492 West 23rd Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $83,000
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $54,000
Expense Details
  • Operating Expense: $36,000
  • Operating Expense Percent: 30.00%
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $36,000
Tax / Assessment Info
  • Tax Block: D
  • Tax Tract Number: 1758
  • Tax Census Tract: 53.00
  • CFD/Mello-Roos Fee: $1,025
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Foothills
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $83,000
  • Unit Type Total Rent: $83,000
  • Unit Type Pro Forma: 58000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 492 West 23rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 492 West 23rd Street

Taxable ValueLand$36,942Additions$332,484Total$369,426
Tax Record2023$4,647 ($387 / month)
Home Facts
Total Finished SqFt3,472 SqFtAbove Grade Finished SqFt3,472 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountySAN BERNARDINOAPN0149-211-24-0000

Schools near 492 West 23rd Street

This home is within San Bernardino City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
George Brown Jr. Elementary
PublicK to 6

Arrowview Middle School
Public6 to 8

San Bernardino High School
Public9 to 12

Asa Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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492 West 23rd Street is a multi-family home for sale in San Bernardino, CA 92405. This property was listed for sale on October 1, 2024 by Prime Realty, it's currently listed at $888,000. It has been on the market for a total of 32 days and was last sold on August 3, 2011. This listing's school district is San Bernardino City Unified School District. Nearby schools include George Brown Jr. Elementary, Arrowview Middle School and San Bernardino High School. 492 West 23rd Street is a 1-bed, 6-bath, 3,472 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Realty, Arthur Tsai, DRE #01493604

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.